Overview
- Multi-Family 5+, Commercial Sale
- 7359 Sqft
Description
Fully-stabilized 10-unit apartment community in central Clearwater’s Sky Crest submarket, offered at $2, 000, 000 ($200, 000/unit). This 1964 concrete-block, two-story walk-up offers nine renovated units, updated kitchens with stainless appliances, quartz counters, tile backsplash, vinyl-plank flooring and in-unit washer/dryer, plus one larger 2BR/2BA in original condition for renovate-to-premium upside. Unit mix: three 1BR/1BA, six 2BR/1BA, one 2BR/2BA. In-place rents sit below market across every type, giving a new owner low-risk mark-to-market upside as leases turn; five units are currently month-to-month. Central HVAC and on-site carport parking. Minutes to Gulf-to-Bay Blvd, US-19, downtown Clearwater and the Gulf beaches. Offering memorandum and financials available on request. Showings by appointment through listing office, please do not disturb tenants.
Address
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Address: 300 S NIMBUS AVENUE
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City: Clearwater
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State/county: FL
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Zip/Postal Code: 33765
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Country: US
Details
Updated on July 12, 2026 at 2:01 am-
Property ID HZA4699732
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Price $2,000,000
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Property Size 7359 Sqft
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Land Area 0.25 Acres
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Year Built 1964
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Property Type Multi-Family 5+, Commercial Sale
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Property Status Active
Additional details
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Sewer Public Sewer
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Cooling Central Air
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Heating Central
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County Pinellas
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Property Type Commercial Sale
Mortgage Calculator
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